Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1216.79 Million | USD 1986.96 Million | 5.6% | 2023 |
According to the report published by Zion Market Research, the global Allergy Treatment Market size was valued at USD 1216.79 Million in 2023 and is predicted to reach USD 1986.96 Million by the end of 2032. The market is expected to grow with a CAGR of 5.6% during the forecast period. The report analyzes the global Allergy Treatment Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Allergy Treatment industry.
An allergy is an immune system’s sharp sensitivity. An allergy happens when a foreign material that is risk-free in nature has a reaction to the immune system. These foreign materials are dubbed as allergens. Some of the allergens that impact the immune system are dust mite, pollens, animal dander, mold, and cockroach. Animal dander, dust mite, and mold can be the reason for indoor allergy issues. Allergy can be of different kinds such as Rhinitis, eye allergy, skin allergy, and asthma. As per the World Allergy Organization, almost 30–40% of the population in the world was impacted in 2011 by the allergic condition. Stern allergy can be life to intimidate for some users as allergy harshness lowers the operations of organs, for instance, allergic asthma causes the poor functioning of lungs.
All over the world, altering lifestyle, rising population of the patient with different kinds of allergies, and increasing environmental pollution boost the global allergy treatment market. Rising number of users with different allergies such as eye allergy, skin allergy, asthma, and Rhinitis, increasing demand for enhanced therapy for allergy treatment, changes in dietary habits, government programs, and rising activities of research and development are some of the reason that power the development of the global allergy treatment market. On the other hand, side effects from immunotherapy and high price of immunotherapy for allergy treatment act as a negative factor hindering the global allergy treatment market.
Based on the allergy type, the global allergy treatment market is classified into rhinitis, eye allergy, skin allergy, asthma, and another allergy.
On the basis of allergy treatment type, the global allergy treatment market is divided antihistamines, anti-allergy medicine, decongestants, corticosteroids, calcineurin, leukotriene, anti-IgE, cromoglicate, immunotherapy, and mast cell stabilizers.
Based on the end user, the global allergy treatment market is classified into clinics, hospital, home use, medical store, and others.
Report Attributes | Report Details |
---|---|
Report Name | Allergy Treatment Market |
Market Size in 2023 | USD 1216.79 Million |
Market Forecast in 2032 | USD 1986.96 Million |
Growth Rate | CAGR of 5.6% |
Number of Pages | 192 |
Key Companies Covered | Allergopharma, Allergy Therapeutics, Alerpharma S.A, Allergon AB, Genentech Inc., Allergan, Inc., McNeil Consumer Healthcare, Schering-Plough Corporation, Meda Pharmaceuticals, Inc, Collegium Pharmaceutical, Inc., Vicks, and Sepracor, Inc |
Segments Covered | By type of allergy, By end user, By treatment type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global allergy treatment market is divided into 7 key regions based on geographic areas: South America, North America, Western Europe, Eastern Europe, Japan, Asia Pacific, and Middle East & Africa. North America is chased by Europe and rules the global allergy treatment market owing to rising number of users with different kinds of allergies comprising skin allergy, respiratory allergy, and eye allergy, developed infrastructure for healthcare, growing environmental pollution, and rising requirement for immunotherapy for the cure of allergies in this area. Asia-Pacific is the quickest rising area for global allergy treatment market owing to increasing patient population for allergy, developing infrastructure for healthcare, rising consciousness related to enhanced immunotherapy for the treatment of allergies obtainable in the market, and increasing spending of government in the healthcare sector in this area.
Some of the major market companies in global allergy treatment market are
By Allergy Type
By Treatment Type
By End User
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